2022 Budget Sensitivities and Financial Projections slide image

2022 Budget Sensitivities and Financial Projections

$1.7 Billion Committed Capital Project Backlog as of 3/31/2022 Expect 46% of backlog capital in service in 2022 and 46% in 2023 KINDER MORGAN $ million Natural Gas Products Terminals Energy Ventures TOTAL LOW-CARBON $ 762 156 204 130 $ 762 49% for end use, 51% for G&P & other 58 RD projects RD & VRU emission reduction projects 150 150 RNG facilities & asset upgrades Subtotal $ 1,273 $ 1,100 EBITDA build multiple ~3.2x ~3.3x CO2 Total $386 $ 1,659 Low-carbon investments represent > 65% of backlog Note: See Non-GAAP Financial Measures & Reconciliations. EBITDA multiple reflects KM share of estimated capital divided by estimated Project EBITDA. 9
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